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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 5/2/2013

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Report Date: 5/2/2013 

LM_XB405
Des Moines, IA                 Thu, May 02, 2013                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $160.25
Change from prior day:              ($2.29)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $200.50        $111.96       ($2.33)
100% lean inside round                      $263.68          $6.12       ($0.08)
100% lean, flats and eyes                   $256.33          $5.95         
100% lean, S.P.B.                           $249.16         $12.46         $0.04
Chuck Tender                                $215.28          $2.15       ($0.01)
Knuckle                   4-7 lbs.          $231.85          $5.87         $0.08
Tenderloin                2-3 lbs.          $418.40          $2.22         $0.01
Tenderloin                3-4 lbs.          $458.04          $3.39         
Ribeye Roll               4-6 lbs.          $252.00          $2.65         
Ribeye Roll               6-8 lbs.          $258.84          $1.92         
Ribeye Roll               8up lbs.          $258.43          $1.89         
Flank Steak                                 $228.78          $0.96         
Kidney, Edible                               $24.50          $0.11         
Fat, inedible                                $27.14          $0.63         
Bone                                          $8.22          $1.97         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 61.80  loads --            2,471,818  pounds
Cutter/Canner Cuts                  5.10  loads --              204,155  pounds
Boner/Breaker/Cutter/Canner        31.60  loads --            1,263,889  pounds
100% Lean Items                    51.05  loads --            2,042,044  pounds
Frozen Cuts                        11.62  loads --              464,896  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   40,216   $275.88     ($3.12)
112   Rib, ribeye roll, 8-10 lbs.            100  257,764   $275.55     ($0.17)
112   Rib, ribeye roll, 10-up lbs.            41   69,054   $276.91       $0.49
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   50,565   $318.38     ($3.34)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   68,766   $261.75     ($0.18)
      Chuck, boneless 85%                               
120   Chuck, brisket                          32   33,669   $199.16     ($2.26)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           45  160,101   $216.91    ($12.70)
169A  Round, top inside c-off, 8-10 lbs.       3    4,128   $259.15       
169A  Round, top inside c-off, 10-14 lbs.     78  668,071   $255.92     ($0.08)
169A  Round, top inside c-off, 14-up lbs.      9  112,170   $256.08       $0.27
171B  Round, outside round                    41  375,500   $241.08       $2.04
171C  Round, eye of round                     54  170,533   $247.69     ($0.36)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            65  222,798   $218.49       $7.14
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  41   78,818   $208.78     ($6.04)
185A  Loin, bottom sirloin butt flap, bnls.   59  156,965   $250.47       $3.70
191A  Loin, butt tender, peeled                6    2,700   $508.00       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              37   94,088   $258.24     ($1.10)
112   Rib, ribeye roll, 8-up lbs.             29  110,067   $258.35     ($0.72)
100% LEAN
      Inside round - Combo                    25  414,675   $261.15     ($1.91)
      Inside round - Boxed                    35   57,735   $281.89       $0.33
      Outside round                            5   13,851   $268.51     ($3.44)
      Eye of round                            13   13,285   $264.38     ($0.67)
      Flats and eyes - Combo                  32  500,487   $255.77       $0.28
      Flats and eyes - Boxed                            
      Striploin                               49  163,744   $306.13     ($0.53)
      S.P.B. - Combo                          47  878,267   $249.16       $0.84
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     52  190,355   $215.28     ($0.75)
167A  Round, knuckle, peeled                  45  222,969   $231.85       $2.89
190   Loin, tenderloin, 2-3 lbs.              16   16,496   $418.40       $0.97
190   Loin, tenderloin, 3-4 lbs.              44   67,022   $459.16       $0.37
190   Loin, tenderloin, 4-5 lbs.             247  341,057   $501.99       $0.84
190   Loin, tenderloin, 5-up lbs.             43   95,681   $481.13       $5.33
193   Flank, flank steak                     129  197,237   $242.47     ($1.16)
      Flank, rough                            66  133,072   $241.37     ($0.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   13,140   $278.61     ($0.84)
112   Rib, ribeye roll, 8-10 lbs.              6  121,053   $253.40       $2.91
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             9   23,660   $304.27     ($0.90)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   92,900   $259.44     ($0.08)
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3   30,116   $455.53       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      29  112,163   $204.71     ($2.41)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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